The sitting of the Sector Economy and Economic Policy Committee

The sitting of the Sector Economy and Economic Policy Committee

The Committee discussed the Bill on Tax Code equalizing the excise rate for the filtered and unfiltered cigarettes introduced by the Chair of the Health Care and Social Issues Committee, Akaki Zoidze.

The Bill aims at equalization of differentiated excises for increase of budget incomes and reduction of smoking.

“In this view, the Change is to be introduced to the Tax Code defining the uniform excise rate for the filtered and unfiltered cigarettes. The excise for unfiltered cigarettes will constitute 1.7 GEL per 20 cigarettes. This decision is important in terms of public health as people shall not prefer unfiltered cigarette due to its lower price. It causes 11000 casualties per year in Georgia”, - he noted.

The Bill will increase the budget incomes with 45 ml GEL.

The Committee discussed with the III reading and approved the Bill by David Songulashvili on Maritime Code.